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Consider each of the transactions below. All of the expenditures were made in cash. The Edison Company spent $ 1 7 , 0 0 0

Consider each of the transactions below. All of the expenditures were made in cash.
The Edison Company spent $17,000 during the year for experimental purposes in connection with the development of a new product.
In April, the Marshall Company lost a patent infringement suit and paid $10,000 in legal fees to the plaintiff.
In March, the Cleanway Laundromat bought equipment. Cleanway paid $11,000 down and signed a noninterest-bearing note requiring the payment of $20,500 in nine months. The cash price for this equipment was $28,000.
On June 1, the Jamsen Corporation installed a sprinkler system throughout the building at a cost of $33,000.
The Mayer Company, plaintiff, paid $17,000 in legal fees in November, in connection with a successful infringement suit on its patent.
The Johnson Company traded its old equipment for new equipment. The new equipment has a fair value of $11,500. The old equipment had an original cost of $9,900 and a book value of $4,500 at the time of the trade. Johnson also paid cash of $9,000 as part of the trade. The exchange has commercial substance.
Required:
Prepare journal entries to record each of the above transactions.,
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